The 4.4% dividend, the fantastic long term chart of performing better than even the much riskier nasdaq index and the track record of increasing dividends suggests that this will be a good stock to own for the long term.
I have orders in below so if it drops a few points, I will buy more.
My goal is a long term total return in the 8-12% range over the next 10+ years.
Im going to reinvest dividends.
Also, i will be considering other utilities & high yielding stocks going forward.
I have a lot of money sitting there earning next to nothing and its long past time to redeploy it.
Southern Company is regulated to make a nice profit regardless of their costs.
Plus, I send Alabama Power a check every month like clockwork.